Sunday, 27 July 2014

XAU/USD Weekly NEo Wave Plot (28/07/2014)

Last Week No Updates On Blog!!!!Coming From Long Holiday.
Whole Week We Witness Huge Sell Off In Gold Hope All Remember Given Alert In Weekly Report  Please Check Last Chart.
Last Week We Witness Last Leg Of Zigzag(C-Wave Of Zigzag)
I Would Like To See What Is Unfolding In This Week. May Again We Witness Sell Off If Given Level's Hold.
This Week May We Witness Complex Correction With Small X-Wave.Complex Correction Will Come In The Form Of Zigzag,Flat,Or Triangle.
Check Daily SAR Level Short Term Strength Will Come.
Below Weekly SAR Level Major Trend Will Change.
Below 4Hour SAR Level Minor Weakness Will Come.
(For SAR Level's Check Second Last Image,For Latest Hourly SAR Level Check On Facebook)
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Initial Watch :-
Positive:- If XAU/USD Is Able To Break 1308.58/1322.98 And Daily SAR Level Then Only Some Upside Possible.
Negative:- If XAU/USD Is Not Able To Break 1308.58/1322.98 Then We Will Witness Sell Off,Below Weekly SAR Level Major Trend Will Change.
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Happy Disciplined Trading.
 



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